SUI price forecast as bulls risk bearish flip below $1.40

Sui price has dropped 6% in the past 24 hours as altcoins extend losses.
Bitcoin’s downtrend means Sui could see new losses.
A technical breakdown might bring the $1 support level into play.Sui price hovers in the red as a 6% dip sees bulls battle to keep bears off the $1.40 support level.
At the time of writing, SUI changed hands at around $1.47, down as cryptocurrencies witnessed fresh sell-off pressure amid a broader market correction.
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